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Since the middle of May, the urea price has been rising, and there is no sense of rest at present. Moreover, the urea price in some regions has risen by more than 100 yuan / ton, so how long can the urea price rise last? In addition, does this wave of urea price rise give high nitrogen corn fertilizer new hope?
Since the middle of May, the delivery price of urea in Linyi market has slowly increased from 1620 yuan / ton to 1680 yuan / ton. The factory price of urea manufacturers in Shandong Province has increased from 1560 yuan / ton to 1650 yuan / ton. The price of urea manufacturers in other regions has also increased with the price of 20-60 yuan / ton. The increase in Shandong has exceeded 100 yuan / ton. The price of urea manufacturers in other regions has also increased with the price of 20-60 yuan / ton The price rise is unexpected. The main reason for the price rise is driven by market demand. After all, the price of 1420 yuan / ton in Inner Mongolia has bottomed out in the early stage, so the pace of demand reserve of compound fertilizer enterprises and agriculture has been accelerated. In addition, some driving factors make the price rise of urea break through expectations. However, after the middle and late June, India's bidding will be launched again, and then the price and quantity will become the urea price The wind vane of the trend. However, due to the recent rumors that affected by the epidemic situation, the bidding may be delayed for a week or even longer, so the risk of long-term decline of urea price increases a lot.
Secondly, the demand for corn fertilizer in Central China has entered the peak season, and the rise of urea price is conducive to the stable price of enterprises. Since the end of May, the first wave of corn fertilizer delivery by most of the compound fertilizer enterprises has ended, and most of the demand has been met. After the wheat harvest in the Central Plains region in the middle and late June, corn began to grow, and corn fertilizer also has a part of replenishment demand. According to the past practice, the price of corn fertilizer will fall sharply in June. This year, supported by the increase of urea price, the price of corn fertilizer is like 40% Cl (28-6-6) The ex factory quotation is still hovering before 1700-1850, and the reduction space is only about 50 yuan / ton compared with the previous period.
Thirdly, the price of nitrogen and potassium topdressing is on the high side, while the price of urea is still supported. Although the main factory quotation of small particle urea in Shandong Province is about 1650 yuan / ton, the main factory quotation of 35% Cl (30:0:5) off-season topdressing is about 1500-1700 yuan / ton. Compared with that, the price performance ratio is higher than that of urea, so the recent demand for agricultural topdressing is mainly urea. If there is no accident, the price rise of urea will continue for a week possible.
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